Trump's so-called Liberation Day for tariffs will be announced this afternoon.

It's Wednesday, April 2nd, 2025. I'm Christine Lee. This is CoinDest Daily.

After several days of losses, Bitcoin is rallying, as anticipation builds for U.S. President Donald Trump's

so-called Liberation Day for

Terracement scheduled for Wednesday at 4 p.m. Eastern. Trump will add tariffs against 15

countries that have levied retaliatory tariffs against the U.S., including China, Canada, and Mexico.

NBC News reporting the market's most feared option blanket 20% tariffs across the board

is less likely to be the direction taken by the White House. Instead, a tiered system of different

rates or country-by-country rates could be announced. Grayscale head of research, Zach Pendle

telling coin us that the impact of tariffs on crypto could be priced in already and the worst might be over.

Meanwhile, Circle, the issuer of USDC, stablecoin is planning to go public. The company has filed an S1 form with the SEC to list on the New York Stock Exchange under the symbol Circle.

Circle reported $1.7 billion in reserve income

from its stable coin operations at the end of 2024. Bitcoin purchases from video game retailer

GameStop could be imminent or may have already begun after the company closed on its offering

of $1.3 billion of five-year convertible notes.

The $200 million green shoe option was fully exercised by the initial purchaser,

bringing the total amount of the sale to $1.5 billion, according to a filing Monday.

Last week, GameStop announced full board approval of an update to the company investment policy

to add bitcoin to the

corporate balance sheet. Hey don't forget to register for consensus Toronto happening this may 14th to the 16th.

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